#MerlinTradingCompetition The price of Bitcoin could reach $250,000 by the end of 2025 according to analyst Scott Melker
Scott Melker expects the price of Bitcoin to rise to $250,000 driven by institutional demand and market maturation.
The decrease in price volatility indicates market maturation, as Bitcoin's volatility has become less than twice that of the S&P 500 index.
The entry of pension funds and ETFs has contributed to market stability and transformed Bitcoin into a long-term asset for investors.
The market surged in May 2025, with Bitcoin surpassing $104,000 and Ethereum $2,600.
Coinbase's inclusion in the S&P 500 index enhances the legitimacy of crypto companies.
A positive regulatory environment includes easing SEC measures and support from the White House.
Other analysts are more cautious, predicting the price will reach between $120,000 - $150,000.
Adam Back expects the price to reach between $500,000 - $1,000,000 during this cycle.
Michael Saylor sees the recession as temporary due to the exit of short-term investors, with the market moving towards institutions.
Cryptonews
